This 1,000 year-old Italian castle with 29 bedrooms could be yours… for £12.5m

  • Rezzanello Castle is located near Milan and spans 6,000 square metres

An Italian medieval castle dating back to the year 1001 has been put up for sale for €14.9million (£12.5million). 

Rezzanello Castle, located near Milan, spans 6,000 square metres and has 29 bedrooms, 30 bathrooms, a wine cellar and a helipad.

Having been first documented in 1001 within the Historia Ecclesiastica, Rezzanello Castle later became a refuge for the Guelphs during the struggles of 1212.

Over the years, the castle hosted noble Italian families, such as the Boccapiccina, Chiapponi and Scotti of San Giorgio dynasties. 

It has been meticulously renovated and restored by architect Camillo Guidotti, who also restored the Cathedral of Piacenza. 

The property, on sale via Dreamer Real Estate, is currently being used as a family home. 

Glorious: Rezzanello Castle has a history dating back to the year 1001

It is surrounded by 7.5 acres of parkland and Italian gardens adorned with centuries-old trees. 

The castle’s panoramic towers provide views of the Emilia Romagna hills and there is a swimming pool and spa, too.

Inside, the castle has a library and is laden with impressive fireplaces, coffered ceilings and original frescoes. 

The interior is opulent and blends historic features with modern amenities. 

The property could continue to be used as a family home or be turned into hotel accommodation or a wedding and events venue. 

It also includes annexed buildings which could be turned into guest accommodation or conference facilities.  

Andrea Busoni, general manager and partner at Dreamer Real Estate, said: ‘This is more than just a real estate offering – it is a gateway to owning a piece of Italy’s noble past while capitalising on one of the most lucrative trends in luxury hospitality.

‘Rezzanello Castle embodies the essence of Italian luxury, offering investors an unrivalled opportunity to create an iconic hospitality destination.’ 

Dreamer Real Estate added: ‘Grand reception halls, intimate lounges, and sumptuously appointed suites compose an environment where history and luxury intertwine.’ 

Historic: Rezzanello Castle is packed full of characterful period features

What a view: The swimming pool of Rezzanello Castle looks out to the Emilia Romagna hills

Home: Rezzanello Castle is currently being used as a private family residence

Unique: The dining table in the kitchen area has bears standing to attention on it

Location: Rezzanello Castle is situated about one hour away from Milan in Italy

Peaceful: A place of worship in Rezzanello Castle

Plush: One of the 29 bedrooms at Rezzanello Castle in Italy

Space: Rezzanello Castle spans 6,000 square metres and has multiple reception rooms

Restoration: The castle has been renovated and restored by architect Camillo Guidotti

Potential: The castle could be used as a family home or turned into a hotel or event space

Green heaven: Rezzanello Castle is surrounded by 7.5 acres of parkland and Italian gardens

On attracting wealthy investors to Italy, Dreamer Real Estate said: ‘The recent abolition of the UK’s non-dom tax regime is driving a capital exodus toward more favorable jurisdictions, with Italy emerging as a prime beneficiary. 

‘From 2025, new tax rules will significantly increase taxation on global assets in the UK, making long-term residency less attractive for high-net-worth individuals.

‘In this shifting landscape, Italy offers a compelling alternative with its flat tax regime, exceptional quality of life, and thriving luxury real estate market.’ 

Before snapping up a home overseas, it is essential to research and follow local laws on buying and renting out property. 

To ensure the property purchase goes smoothly, it is a good idea to appoint an independent English-speaking lawyer who is licensed to practice and is experienced in property sales. 

How to find a new mortgage

Borrowers who need a mortgage because their current fixed rate deal is ending, or they are buying a home, should explore their options as soon as possible.

Quick mortgage finder links with This is Money’s partner L&C

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What if I need to remortgage? 

Borrowers should compare rates, speak to a mortgage broker and be prepared to act.

Homeowners can lock in to a new deal six to nine months in advance, often with no obligation to take it.

Most mortgage deals allow fees to be added to the loan and only be charged when it is taken out. This means borrowers can secure a rate without paying expensive arrangement fees.

Keep in mind that by doing this and not clearing the fee on completion, interest will be paid on the fee amount over the entire term of the loan, so this may not be the best option for everyone. 

What if I am buying a home? 

Those with home purchases agreed should also aim to secure rates as soon as possible, so they know exactly what their monthly payments will be. 

Buyers should avoid overstretching and be aware that house prices may fall, as higher mortgage rates limit people’s borrowing ability and buying power.

How to compare mortgage costs 

The best way to compare mortgage costs and find the right deal for you is to speak to a broker.

This is Money has a long-standing partnership with fee-free broker L&C, to provide you with fee-free expert mortgage advice.

Interested in seeing today’s best mortgage rates? Use This is Money and L&Cs best mortgage rates calculator to show deals matching your home value, mortgage size, term and fixed rate needs.

If you’re ready to find your next mortgage, why not use L&C’s online Mortgage Finder. It will search 1,000’s of deals from more than 90 different lenders to discover the best deal for you.

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Be aware that rates can change quickly, however, and so if you need a mortgage or want to compare rates, speak to L&C as soon as possible, so they can help you find the right mortgage for you. 

Mortgage service provided by London & Country Mortgages (L&C), which is authorised and regulated by the Financial Conduct Authority (registered number: 143002). The FCA does not regulate most Buy to Let mortgages. Your home or property may be repossessed if you do not keep up repayments on your mortgage 

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